By OGJ editors
HOUSTON, June 15 -- BG Group has loaded the first shipment of Karachaganak oil for export at the Novorossiysk sea terminal on the Black Sea following its resumption of production May 11 from Karachaganak Phase II facilities. BG's total 2004 production from Karachaganak field is projected at 35 million boe of oil.
Although first production entered the connecting export pipeline to Atyrau on July 15, 2003, the facilities were shut down in September because of caustic soda contamination to the oil and further delayed in December (OGJ Online, Dec. 9, 2003).
The field's production capacity is 700 MMscfd of sales gas and more than 200,000 b/d of oil.
Further development will follow, with increased liquids production, when markets are established for accompanying gas volumes.
